Emerson to Sell Remaining Interest in Copeland achrnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from achrnews.com Daily Mail and Mail on Sunday newspapers.
Private equity funds managed by Blackstone would purchase Emerson's 40% equity ownership in the joint venture, Emerson said. The Copeland JV was established after Emerson struck a $14 billion deal to sell a majority stake in its Climate Technologies unit to Blackstone in October 2022, as part of an effort to establish itself as a major player in the global automation industry.
(Reuters) -Engineering solutions firm Emerson said on Thursday it had agreed to sell its remaining interest in its Copeland joint venture to Blackstone in a deal valued at about $3.5 billion. Private equity funds managed by Blackstone would purchase Em.
Test and Measurement: Keysight adds pulse generation to FieldFox rcrwireless.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rcrwireless.com Daily Mail and Mail on Sunday newspapers.